cryptocurrency

Bitcoin Critic Peter Schiff Launches Ordinals Collection, Clarifies He Hasn't 'Converted' — Binance CEO Responds



© Reuters. Bitcoin Critic Peter Schiff Launches Ordinals Collection, Clarifies He Hasn’t ‘Converted’ — Binance CEO Responds

Benzinga – Gold bull Peter Schiff, has drawn the attention of the cryptocurrency community by announcing his foray into the realm of non-fungible tokens (NFTs).

What Happened: Schiff, who has been a vocal opponent of Bitcoin (CRYPTO: BTC) on Saturday said that he will be releasing an Ordinal art collection.

His collection will feature the original painting “Golden Triumph” and a series of prints and Ordinals that will be inscribed on the Bitcoin blockchain.

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Why It Matters: It should be noted that Schiff is well-known for his belief that Bitcoin lacks intrinsic value and utility, often comparing it unfavorably to gold, which he views as a more reliable store of wealth.

Binance CEO Changpeng Zhao, expressed his amusement at Schiff’s recent announcement, tweeting, “Seeing Peter Schiff convert makes me happy.”



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